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SEGMENT INFORMATION (Tables)
12 Months Ended
Jan. 30, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]

The following table presents segment information for the periods, and as of the dates, indicated. Prior-year information has been recast to reflect the changes in segments discussed above.

 

 

Fifty-Two Weeks Ended

 
 

January 30, 2022

       

January 31, 2021

       

February 2, 2020

       
       

% Net

       

% Net

       

% Net

 

Net Sales

     

Sales

       

Sales

       

Sales

 

   Hooker Branded

$ 200,692     33.8 % $ 162,442     30.1 % $ 161,990     26.4 %

   Home Meridian

  278,902     47.0 %   282,423     52.3 %   340,630     55.8 %

   Domestic Upholstery

  102,283     17.2 %   83,678     15.5 %   95,670     15.7 %

   All Other

  11,735     2.0 %   11,538     2.1 %   12,534     2.1 %

Consolidated

$ 593,612     100 % $ 540,081     100 % $ 610,824     100 %
                                     

Gross Profit

                                   

   Hooker Branded

$ 63,146     31.5 % $ 51,832     31.9 % $ 51,462     31.8 %

   Home Meridian

  15,213     5.5 %   39,832     14.1 %   36,936     10.8 %

   Domestic Upholstery

  19,471     19.0 %   17,121     20.5 %   21,120     22.1 %

   All Other

  3,872     33.0 %   3,963     34.4 %   4,440     35.4 %

Consolidated

$ 101,702     17.1 % $ 112,748     20.9 % $ 113,958     18.7 %
                                     

Operating Income/(Loss)

                                   

   Hooker Branded

$ 30,667     15.3 % $ 22,827     14.1 % $ 21,512     13.3 %

   Home Meridian

  (21,260 )   -7.6 %   (26,071 )   -9.2 %   (7,169 )   -2.1 %

   Domestic Upholstery

  4,304     4.2 %   (12,418 )   -14.8 %   6,637     6.9 %

   All Other

  1,132     9.6 %   1,298     11.3 %   1,727     13.8 %

Consolidated

$ 14,843     2.5 % $ (14,364 )   -2.7 % $ 22,707     3.7 %
                                     

Capital Expenditures

                                   

   Hooker Branded

$ 558         $ 377         $ 690        

   Home Meridian

  4,829           347           496        

   Domestic Upholstery

  1,295           475           3,914        

   All Other

  10           11           29        

Consolidated

$ 6,692         $ 1,210         $ 5,129        
                                     

Depreciation

   & Amortization

                                   

   Hooker Branded

$ 2,530         $ 1,809         $ 1,930        

   Home Meridian

  2,594           2,160           2,218        

   Domestic Upholstery

  2,678           2,797           2,938        

   All Other

  12           12           14        

Consolidated

$ 7,814         $ 6,778         $ 7,100        
                                     

 

Reconciliation of Assets from Segment to Consolidated [Table Text Block]

The following table presents segment information for the periods, and as of the dates, indicated. Prior-year information has been recast to reflect the changes in segments discussed above.

 

   

As of January 30,

           

As of January 31,

                         
   

2022

   

%Total

   

2021

   

%Total

                 

Assets

         

Assets

           

Assets

                 

   Hooker Branded

  $ 170,968       48.8 %   $ 174,475       53.5 %       

   Home Meridian

    130,890       37.4 %     100,497       30.9 %         

   Domestic Upholstery

    47,232       13.5 %     49,370       15.2 %         

   All Other

    1,126       0.3 %     1,204       0.4 %         

Consolidated Assets

  $ 350,216       100 %   $ 325,546       100 %         

Consolidated Goodwill

and Intangibles

    24,343               26,727                   

Total Consolidated Assets

  $ 374,559             $ 352,273                   

 

Revenue from External Customers by Products and Services [Table Text Block]

Sales by product type are as follows:

 

   

Net Sales (in thousands)  

 
   

Fiscal  

 
   

2022

   

2021

   

2020

 
                                     

Casegoods

  $ 348,548   59 %   $ 329,906   61 %   $ 397,192   65 %

Upholstery

    245,064   41 %     210,175   39 %     213,632   35 %
    $ 593,612   100 %   $ 540,081   100 %   $ 610,824   100 %